The crashes by MH17 MH370 and also hit hard financially Malaysia Airlines. Now the airline is his own words “technically bankrupt”. The employee was terminated. For many of them but there is a possibility for further employment.
The ailing after two plane crashes airline Malaysia Airlines is technically, according to their new German boss Christoph Müller ” bankrupt “. All 20,000 employees have received the letter of termination. “The airline will, however, be separated under its drastic austerity measures only 6,000 employees. The majority of employees were offered continued employment at the restart of the company.
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A technical bankruptcy occurs when a company or person outstanding debts may no longer be paid and bankrupt would be declared when a creditor demands payment of this obligation.
Müller to bring the Asian companies out of the crisis. ” I am saddened that we must part of 6,000 people, “said the manager. The remaining 14,000 people are to decide within 12 days whether they want to stay in the business.
Müller had recently in Ireland big cuts in personnel made in Aer Lingus and was therefore referred to as “The Terminator”. Malaysia Airlines, he wants to take off again under a new name. However, the name is not yet known.
537 people died in crashes and MH17 MH370
Malaysia Airlines writes after two crashes in the last year, high losses. In March flight MH370 disappeared en route from Kuala Lumpur to Beijing without a trace. In July flight MH17 crashed on the Eastern Ukraine, presumably by rocket fire. Overall, 537 people lost their lives.
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